i dont like when directors disposed shared..so for that matter.. i am out. we know who is selling..no issues.. most of the cases.. those buying will f@*k up . good ride.. handsome duit raya. i am out.. cheers!!!
With after the owner sell all their direct interest shares. Maybe another week than Powerwell will power up like other DC counters play. Just patient a bit.
Hi Mr Alfred, have you got the reply from them on why the massive shares disposal few weeks ago? I'm not buying this shares until I know the reason why. Plus, they still haven't break 0.52 resistance.
Another counter is going to breakout. Kinergy Advancement Berhad (KAB) just announced a partnership with JCorp to develop energy-efficient products for data centers
my info in this morning to buy this counter...at time when directors disposing their share can also be they are compromising by selling out to some new investors to raise fund and not necessary a bad thing
i) Expand product portfolio and enhance market share by targeting segments such DATA CENTRES, semiconductor factories, renewable energy, electric vehicle charging and utility projects
(ii) With a proven track record in renewable energy infrastructure, the group has secured an order to supply substation equipment for a solar power plant project located in Bangladesh
(iii) For rail infrastructure projects, the group has secured some Rapid Transit System (RTS) Link contracts with anticipated completion by 4Q2024,
Powerful 3rd Quarter Net Profit - 6 fold jump to RM9.5 mil.
For the third quarter ended Dec 31, 2023 (3QFY2024), the group’s net profit jumped nearly six-fold to RM9.55 million from RM1.65 million, thanks to higher profit margins from data centres, solar power plant and semiconductor plant projects.
based on lastQ itself, even previous book order enough to sustain its cash flow. new secure project contract will project its revenue greater. new 3 high machine purchase last year seem to show good result, as expected. placement of good investment in cash, managing good debt.. overall very good company. this really underrated counter. see you all in finish line ladies and gentlemen.. enjoy the ride.. cheers!!
@Jack737 'Good company but insider is selling how 😊😊😊'
insider selling is normal.. insider selling on deficit..is bad sign. on good running company.. insider selling is normal. like techbond for example, insider selling turn to be a good thing.
POWERFUL Growth stock -A significant beneficiary of Data Centre Boom Malaysia
Powerwell has bagged two purchase orders worth a total of RM57.61 million from a “renowned multinational technology corporation” specialising in data centres.
In a bourse filing on Monday, Powerwell said its wholly owned subsidiary Powerwell International Sdn Bhd has received the orders for the supply, installation and commissioning of low-voltage switchboards and remote power panels for a data centre in Selangor.
Powerwell’s executive director Catherine Wong said investments by global tech giants have created a ripple effect of opportunities for local suppliers and service providers within the technology sector in Malaysia.
“Powerwell is strategically positioned to contribute significantly to this growth, leveraging cutting-edge technology and comprehensive expertise in electrical solutions for data centres,” she said in a statement.
1-Strong business relationship with Siemens and Schneider. Besides manufacturing its own brand “Powerwell”, it does third-party brand manufacturing for Siemens (LV switchboards and MV switch gears), a leading supplier of systems for power generation and transmission, and Schneider Malaysia (LV switchboards), the Malaysian arm to Germany conglomerate Schneider Electric that specializes in electrical equipment.
2-Decent orderbook for 1-2 years. YTD, their orderbook is c.RM70m, with a tenderbook of more than c.RM280m. Also, according to the management approximately 80% is data center, 10-15% is manufacturing while the rest is from infrastructure projects.
3-Healthy balance sheet. As at 3Q24, Powerwell’s net cash stood at RM63.8m, translating to net cash per share of 11.0 sen (c.27% of share price). Dividends. Since listing in year 2020, Powerwell has started paying dividends in FY24 (twice). Also, we noticed the latest dividend is 2nd interim, which mean there will be a final dividend to be declared down the road that may translate to a dividend yield of more than 5% and decently attractive for long term investors.
4-Eligibility for Main Market transfer. Based on the current earnings trends, we believe Powerwell’s will be surpassing the threshold for the transfer to main market listing requirement and this is likely to be the next catalyst moving forward.
5-One-stop solutions. Powerwell intends to provide high-voltage products, besides the low and mid voltage products to provide a one-stop solutions service for contractors.
INVESTORS, [2024-07-10 4:31 AM] These > 50 DC operators in JB r giant TECH co. they hv everything n only need cheap chip land, power, water n manpower 1st in msia.
their tech knowhow r far ahead of our cyber security stocks n others. some small players as colocation DC n local DC might need them.
its just bull run on DC stocks for yr/s. LOVE all stocks deeply, play v small if hv doubt on that stock.,.
in DC theme, General building contractors n their sub-con like PWRWELL, MNHLDG etc will do v well n 1st to make big money from these giant tech co.
then the tech contractors n suppliers like SNS n VSTECS shd do well too...
NB: they r many stocks try to Fake it to Make it, as DC stocks to fly high. 1 did but failed instantly, i.e. sistec,,,
JPMorgan is bullish on this Southeast Asian country-Malaysia, cites opportunities in data centers
KEY POINTS
1-JPMorgan named data centers, electric vehicles and solar among the sectors that investors are putting their money in.
2-“Policy reforms, data center investment and infrastructure build-out have become key tailwinds for Malaysia, in-line with our 2024 outlook, but are progressing at a much stronger-than-anticipated pace,” JPMorgan analysts said in a July 1 note.
3-The investment bank upgraded Malaysia to “neutral” from “underweight” last week.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Zainudin73
1 posts
Posted by Zainudin73 > 2024-06-11 10:22 | Report Abuse
directors disposed shares lagi .....